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released the world energy outlook 2012 on monday. the iaea predict greater oil and natural gas production, as well as rising energy efficiency, will allow the u.s. to become nearly self-sufficient by the year 200035. itself-- 2035. >> foreign imports are still 35 %. according to the iaea, by 2017, teh u.s. will over take saudi arabia. new methods for extracting oil and a shell gas reserves will be responsible for the turnaround. -- oil and shale gas are r esponsible. energy is in many industrial nations will fall slightly. it is a different story in china, india, and the middle east were declines will move sharply over the next decade. the international agency -- energy agency believes many will be shipped to asia in the future radically changing the map of global energy flows. >> and no major plunge for the dax today. we on this report from the frankfurt stock exchange on what is moving today. >> to 0.7%, the german stock index, lost in the previous week, so maybe it is already good news that it did not inevitably plunged further on the first trading day of this week. political issues li
up again. >>> the fate of some major economic and energy policies planned under the noda administration is now up in the air following the dissolution of the lower house. the diet won't be able to consider these policies until after a new administration is sworn in following the general election. noda's government decided last month to spend nearly $5 billion trying to get the struggling economy going again. and on friday, the prime minister instructed his cabinet to draft a new stimulus package by the end of this month. noda said he would want his ministers to consider financing this new package partly through reserve funds totaling some $11 billion left in the budget for this fiscal year. his administration was planning to get the rest of the necessary money from a supplementary budget it was hoping to put together. now it's anyone's guess what will happen to these plans under an incoming administration. economic policy not the only thing that is facing an uncertain future. so are plans for energy. in september, the government mapped out new energy measures. they includ
. >>> international energy agency leaders have lowered their growth forecast for nuclear power generation. some governments are starting to reduce their reliance on the energy source. last year's iea report stated nuclear power generation could grow by 70% from 2010 levels. but this year, the organization expects 58% growth by 2035. agency officials say last year's accident at japan's fukushima daiichi nuclear power plant is a factor for germany and switzerland to reduce dependence on atomic energy. they also expect power generation from renewable sources like wind and solar to increase to about one-third of the world's total output by 2035. >>> many countries are now seeking to diversify their energy sources. industry ministry officials in japan are aiming to launch the world's first futures trading market for liquefied natural gas. they hope to put it into effect by march 2014 to bring down lng prices. japanese imports of liquefied natural gas have surged since the fukushima daiichi power plant accident led to shutdowns of all but two reactors in the country. and the dmod ti has been traded a
by the international energy agency comes as new technologies opens up huge oil reserves underground. the iea said u.s. oil output will surpass that of saudi arabia and other countries by 2017. the u.s. has established technology to extract shale oil from hard rock layers thousands of meters below the ground. commercial production has already begun. the agency says the u.s. will be nearly self-sufficient by 2035. that's due to an expected surge in the production of shale gas, a type of natural gas also trapped in underground rock. america currently relies on imports for 20% of energy needs. once the u.s. achieves successful sufficiency in energy, it may start showing less interest in oil producing regions including the middle east. >>> let's check on the markets. the u.s. markets changed little overnight. trading volume was low as other markets as long as the u.s. bonds market was closed for veterans day. and to see how stocks in japan are doing, we go to ramin mellegard at the tokyo stock exchange. how are things kicking off over there? >> good morning to you. yes, indeed. still a bit of hesitation
for bringing the event to tokyo. >> translator: i believe the power of sports will bring energy to japan. i hope you will join our efforts to win a bid to host the 2020 olympics. >> the tokyo bidding committee is concerned about the low level of public support for the capital's bid. the international olympic committee plans to choose the winner in september next year. >>> thousands of people turned out in taipei, taiwan on sunday to show their enthusiasm for yoga exercises. a company that offers yoga courses in taiwan and hong kong organized the event. it attracted about 7,400 participants. they unfurled their mats in front of taiwan's presidential office. >> translator: i find yoga really relaxing. it helps to keep my flexible. >> it's a sure sign that yoga is gaining popularity among taiw taiwanese people. >> time to check the weather conditions around the world. she'll tell us about people in northern japan dealing with wet weather today. >> right, strong gusts, hail and some thunderstorms are in store in northern japan. we have a couple of systems that are going to be impacting the regi
16. >> translator: the economy and energy will be part of the focus of the election. our party will make a manifesto and convey our position to voters. i will explain it to the people after i dissolve the lower house on friday. >> the leadup to the decision played out on wednesday. the prime minister said he was ready to dissolve the lower house if the ldp committed to reducing the number of seats in the house by 234ex year. officials campaigning for the general elections starts on may 4. >> translator: lawmakers don't really care, but the people, the prime minister changes like a resolving door. it's better to give the younger generation a chance another leadership. >> prompted the prime minister to act? making te i . >> there's a big disparity in -- he had fwho executions left. but it took some time >> the lead-up to the decision played out in the diet. abe pointed out the prime minister promised in august to call a general election soon if the diet passed bills related to social security and tax reform. abe said the ldp kept its part of the deal and helped the bills become l
is being observed by nearly all workers in the automobile, energy, shipbuilding, and construction industries. >> they are taking all our rights away -- all our rights. the banks and other business people are bringing us onto the streets. they are stealing our salaries. we do not have any rights anymore. >> hundreds of flights have been canceled across europe. in the portuguese capital, lisbon, many face long waits with nearly half of all flights canceled. >> we arrived at 9:00 in the morning, and we have to wait until 9:00 in the evening. public transport is not working, either, so we are stuck. it is a shame. >> access to ferry service has also been blocked. >> we are witnessing the biggest strike portugal has ever seen. it also has a special significance because it is the first time spanish and portuguese workers are conducting a strike on the very same day. >> strikes are under way in greece, italy, and france, and railway workers in belgium have also walked off the job for 24 hours, affecting both domestic and international services. >> let's go live down to spain now. miles t
Search Results 0 to 6 of about 7